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20130224
Search Results 0 to 6 of about 7 (some duplicates have been removed)
FOX Business
Feb 21, 2013 10:00pm EST
debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem still has not been solved. if they save that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that will have an adverse reaction on the markets. lou: and, of course, that is exactly what has transpired as we now approach the onset of sequestered. took a long time, but president obama today finally reach out to the republican leaders to talk sequester, talking by phone
FOX Business
Feb 19, 2013 10:00pm EST
iasse, the debt ceiling battles in the various continuing resolutions that have kept the government running despite no budget. this time not even a compliant and complicit media can bail him out. the sequester unquestionably his idea and he publicly broken his own promise. there would be no sequester, at least to this point. the president told america during a presidential debate governor mitt romney on october 22 last year the sequester "will not happen." we will see. a new report says military is behind an overwhelming number cyber attacks against american targets. that report traces of those attacks to a single building in shanghai, headquarters of a unit of the liberation army. hackers have stolen massive amounts of valuable information of all kinds from at least 115 american corporations over the course of the past seven years. companies involved in everhing from finance energy to infrastructure. chinese government officials have dmissed that report is groundless, pretty much the response to all similar charges brought the years. the white house is not commenting on the new rep
MSNBC
Feb 18, 2013 3:00am PST
. it was in the end game on the fiscal -- on the debt ceiling negotiations in 2011. literally july 27th, 2:30 in the afternoon, jack lew, who's in the white house chief of staff, rob neighbors, the head of congressional relations for president obama, went to see harry reid and proposed sequester. of course, everyone signed up to it, but it was designed to not happen. the cuts were perceived to be so draconian in domestic policy and in defense issues that no one would ever let this happen. it was the super committee, as you may remember, that was supposed to come up with more rational budget cuts. they failed. so we're stuck with -- it's kind of like being on a cruise ship with no power. >> where you have the captain and crew fighting each other and going around in circles. i don't get this, bob. you write this book about how the president and congress talk past each other. we have an election. we hear they might start talking together in a more positive sense. yet, here we have a situation that the defense industry hates, that advocates for the poor hate, that economists hate because you'r
CNBC
Feb 20, 2013 9:00am EST
in place, but questions about debt ceiling and other continuing resolution and other aspects of the federal fiscal situation which are very concerning and we think pose not only near-term threats to the travel business, but longer term threats to the economy if our political leaders can't get to an agreement. >> it shouldn't be this way. you are picking up in your industry from the brutality of the 2007-2008 downturn. you don't have supply for hotel rooms coming onstream. you should have really good pricing power at the moment. i see that in your negotiations for corporate customers, you expect to increase your room rates by high single digits. are you happy with that or had you hoped for more? >> no, i think -- the frustrating thing about this political situation in washington is business is really good and there are so many aspects of our economy which are not only good for our business, but show broad recovery. so our comp sales growth were up 8% in the month of january and we feel really good about the way that the year has started, which makes this doubly frustrating. the sequestration
MSNBC
Feb 23, 2013 11:00am PST
to our country. >> now, when it came to negotiations on the debt ceiling deal those came down to the wire. we saw the same thing with the fiscal cliff that didn't get resolved until after the deadline had passed and the sequester was supposed to take effect in january, but it got pushed to march. i have to ask you as a member of congress, why does congress put everything to the last minute, right down to the wire. is there a procedural reason for that? a tactical reason? >> it's like poker. you wait until you get the last card in order to find out whether you think you can win or not and then you normally assess what happens if you lose. but when you have a handful of people that can't lose and they want to win and if they stop government they've won and they don't feel the pain like it's their mom or their kids that are losing. they believe that their conservatism is enough to be a patriot to bring their own party down, but to bring the country down with it. and so i heard you say that we'll do this over and over again until people are numb, but even with russian roulette, there is a liv
Search Results 0 to 6 of about 7 (some duplicates have been removed)